Hyundai has decided to pull the plug on its popular i10 to make way for Hyundai Santro that is expected to be release sometime in 2018.
The decision to end production of i10 was confirmed by a Hyundai Motor India Ltd (HMIL) official who spoke on grounds of anonymity. According to the official, the company is looking to shift its attention to more premium products that are in sync with modern trends.
The Hyundai i10 was introduced in 2007 and in the last decade it has sold 1.6 million units of the model in domestic as well as global markets. It is one of the products that helped Hyundai cement its place in India. Grand i10 is selling like hot cakes and that’s part of the reason why the company can pull the plug on ageing i10.
One of the major reasons behind the launch of the Grand i10 was the idea of replacing the i10, but that didn’t happen and Hyundai continued to sell the i10 owing to demand of the car.
The outgoing i10 will make way for the all-new Santro which is expected to launch sometime in 2018. According to reports, the new Santro will likely be released in two variants – 1.1 litre iRDE and 1.2 litre Kappa petrol engines. Both these variants will have 5-speed manual transmission, but chances are that Hyundai may be considering offering a 4-speed automatic gearbox as well.
Details about the new car are sparse considering that it hasn’t been officially announced, but once launched the new Santro is expected to offer a touchscreen infotainment unit. Hyundai will be placing the new Santro right against the new Maruti Suzuki WagonR which is also expected to be launched in 2018.
Apart from Santro, Hyundai intends to introduce a total of eight products+ in the country in 2017-20, of which three will be completely fresh while the rest will be new versions of the existing ones.
Hyundai is also looking for a big play in the hybrid segment with plans to introduce its model Ioniq in 2018, besides mild-hybrids in its compact cars and SUVs.
With pollution becoming a major issue, the company plans to explore alternative fuel technologies and avail of benefits from government incentives for such vehicles. HMIL does not have a hybrid vehicle in its portfolio in India.